the Formal transition to a progressive income tax – the main innovation, announced by President Vladimir Putin in circulation on June 23. This news sensational for Russia: 2001 personal income tax was the only tax which the state was touched, and authorities repeatedly assured the public that the flat 13-percent scale will continue. And suddenly this turn.
Political reasons the authorities is understandable, because the introduction of 15% tax on income over 5 million per year is perceived by the majority of Russians as “the dispossession of the rich.” And that’s what will give it from an economic point of view?
according to Putin, obtained from increasing the tax strap means (60 billion rubles a year) will be allocated for treatment of children with orphan diseases. Speech, precise, goes on rare, primarily genetic as well as autoimmune and infectious disorders that accompany man from an early age.
“the End of a flat scale of income tax. It was injected for the legalization of wages in the country. In the noughties, that helped a lot. The President proposed a neat adjustment,” wrote on Twitter the head of the accounts chamber Alexey Kudrin.
Tax reform is the beginning of this century has indeed brought many benefits to the Russian economy. After replaced a progressive scale of personal income tax came in flat at a single rate of 13%, Federal budget revenues increased by 0.7-0.8% of GDP. Many rich Russians have ceased to evade payment of tax, their income came from “the shadow”, the procedure is simplified, and the cost of administration significantly decreased.
will Not launch if announced by the President a measure with all the nobility of intentions is the reverse process, when wealthy people start to intensively evade taxes, revenues to the state Treasury will decrease, and the main fiscal burden will fall on the middle class?
“a two per cent increase to the personal income tax is a little. But it is a very primitive mechanism: in fact, citizens are punished for high profits and wages, – says Professor of the Financial University under the government of the Russian Federation Alexey Prong. No one wants to fall under the new rate, and, as usual, there are ways to avoid it.”
technically feasible bad idea, says the interlocutor of “MK”. The fact that information systems and tax, and business are set up on a flat scale. Accordingly, they will require urgent readjustment. Means it can take a lot.
Companies across the country will be forced to switch to new algorithms for computing personal income tax. Plus, it will increase the cost of administration. Tax authorities will have to employ specially trained people who will do it.
in General, said Prong, the tax on income of natural persons is considered the most complex��crowded and expensive from the point of view of administration and of raising money. In this sense, the “cheap” taxes – those that are “sewn” into the cost of goods, like gasoline. “Reasonable alternative to the current government initiative could be, just for instance, increased the tax on electricity for the rich, says our source.
There is at least another problem. If you take the idea in the form in which it was announced by the President, it means that if you have monthly salary 416,7 thousand rubles (it also gives a year, “desired” 5 million), the proportion of 15% will automatically go into the tax. And should it be otherwise.
According to Barb, you need to add the income of all members of the same household to calculate the average amount and if it is higher 416,7 thousand a month, and then to apply the progressive scale – in relation to these families. Otherwise, under an increased rate risks to get any person with a high salary, but a few children, old parents and disabled wife.
However, in Russia there is no unified system of gathering data on incomes and households, and so this is just idle speculation. In the proposal of the Kremlin Prong sees a purely populist gesture.
bad Idea, I agree, the head of IAC “Alpari” Alexander Razuvaev. Yes, progressive scale of personal income tax exists in many countries. However, the current state of state institutions, including fiscal uncertainty people in the targeted use of tax revenues strongly distinguish Russia from the rest of the world. According to experts, the main should pay taxes not the citizens and privatized enterprises, i.e. corporate sector. And today, in the framework of anti-crisis strategy in relation to citizens, postadavshih from coronaries ought to go the other way: to reduce the pit rate to 10% and to abolish the recently introduced tax on Bank deposits above 1 million rubles.
